AMZA
InfraCap MLP ETF
InfraCap Active MLP ETF is an exchange-traded fund incorporated in the USA. The Fund seeks total return primarily through investments in equity securities of publicly-traded master limited partnerships and limited liability companies taxed as partnerships ("MLPs").
US
EQUITY
Active
MANAGEMENT STYLE
454.7 M
ASSETS UNDER MGMT
164 bp
EXPENSES
Fund Basics
| Fund sponsor | ETFis Capital LLC |
| Category | US |
| Asset class | Equity |
| Website | link... |
| Inception date | Oct 01, 2014 |
| Assets (mns) | $455 |
| Expense ratio | 164 bp |
| Currency | USD |
Sector Breakdown
Fund Structure
| Regulation | |
| Distributions | Monthly |
| Taxation | 1099 |
| Stock selection | Proprietary |
| Weighting | Proprietary |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| PLAINS ALL AMER PIPELINE LP | 15.9 % |
| MPLX LP | 15.7 % |
| SUNOCO LP | 14.6 % |
| ENTERPRISE PRODUCTS PARTNERS | 13.9 % |
| WESTERN GAS EQUITY PARTNERS LP | 13.6 % |
| ENERGY TRANSFER, L.P. | 13.3 % |
| HESS MIDSTREAM LP - CLASS A | 6.5 % |
| CHENIERE ENERGY PARTNERS LP | 3.7 % |
| ONEOK INC | 3.3 % |
| CHENIERE ENERGY INC | 3.3 % |
Constituent Breakdown
| Number of holdings | 76 |
| Herfindahl-Hirschman Index | 1,299 |
| Wgt avg mkt cap (mns) | $36,977 |
| Large cap (>$10bn) | 74.1% |
| Mid cap ($2-10bn) | 17.0% |
| Small cap (<$2bn) | 4.4% |
| Developed mkts. | 100.0% |
| Emerging mkts. | 0.0% |
Country Exposure
 |
UNITED STATES | 120.7 % |
Historical Performance
Standardized Performance (as of 02/28/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | Incep. | |
|---|---|---|---|---|---|---|---|
| Total Returns | 12.6% | 29.8% | 29.7% | 25.8% | 20.5% | -1.2% | -2.0% | Volatility | 21.8% | 20.9% | 20.4% | 25.7% | 47.3% | 41.3% | -- |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 1.04 | 48% |
| MSCI EAFE | 0.78 | 28% |
| MSCI Emg Mkts | 0.40 | 7% |
Liquidity Measures
| Avg. volume (000) | 40 |
| Turnover | 0.4% |
| Avg. Bid/Ask (% of price) | 0.41% |
| ADV of underlying (mns) | $2,844 |
Technical Indicators
| Recent close | $47.54 |
| 30d moving avg. | $47.17 |
| Annualized volatility | 25.5% |
| Relative strength (RSI) | 54 |
| Short interest (ETF) | 0.4% |
| Short interest (underlying) | 2.3% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. AMZA |
Expenses vs. AMZA |
ALTAR Score™ vs. AMZA |
|---|---|---|---|---|
| AMLP | Alerian MLP ETF | 88.7% | -79 bp | +0.4% |
| MLPA | Global X MLP ETF | 81.1% | -119 bp | +0.7% |
| UMI | USCF Midstream Energy Income Fund ETF | 42.1% | -79 bp | -0.7% |
| ENFR | Alerian Energy Infrastructure ETF | 41.4% | -129 bp | -0.2% |
| MLPX | Global X MLP & Energy Infrastructure ETF | 39.1% | -119 bp | -0.3% |
| EIPI | FT Energy Income Partners Enhanced Income ETF | 36.3% | -54 bp | +1.2% |
| USAI | Pacer American Energy Independence ETF | 35.8% | -89 bp | -1.1% |
| EINC | VanEck Energy Income ETF | 35.2% | -116 bp | -0.5% |
| EMLP | First Trust North American Energy Infrastructure Fund | 34.5% | -69 bp | +0.6% |
| NBCT | Neuberger Berman Carbon Transition Infrastructure ETF | 31.8% | -109 bp | +0.5% |
Risk and Returns: AMZA vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Results & Estimates
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | ||
|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- | |
| Book value per share | -- | -- | -- | -- | -- | -- | -- | |
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
EPS Revision Activity (6 mo. ago = 100%)
Compound Annual Growth Rates
Content on this tab for Individual & Professional subscribers only. Start your FREE trial
Valuation Metrics
| 2023 | 2024E | Fwd Est | 2025E | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 4/1/2025
Peer Group Comparison Sample data. Subscribe for access.
Price-to-Earnings
Price-to-Sales
Price-to-Book Value
Price-to-Cash Flow
Price-to-Growth
Dividend Yield
Historical Valuation Trends Sample data. Subscribe for access.
SHOWING:
Price-to-Earnings
Price-to-Earnings
AMZA
Notes: Based on adjusted historical results for current fund constituents. May differ from results achieved by past fund constituents. Max P/E of 100x.
Some content on this tab for Individual & Professional subscribers only. Start your FREE trial
ETF Research Center Rating
UNDERWEIGHT
Below average appreciation potential. A rating of UNDERWEIGHT is assigned to ETFs with ALTAR Scores in the 2nd quintile (ranking higher than only 20%-40%) of their category. Typically, funds in this category consist of stocks trading at relatively expensive valuations and/or having below-average fundamentals.
ALTAR Score™
AMZA
4.1%
Cat. Avg
5.9%
ALTAR Score™ Calculation
Category Overview
There are 947 funds in the US Equity category, with an average ALTAR Score™
of 5.9% and a standard deviation of
2.7%. AMZA's ALTAR Score™ is approximately
0.7 standard deviations
below
the category average. This places AMZA in the 25th percentile among funds in the category.
Sell Side Consensus Rating
Sell-side recommendations on the ETF's individual constituents
AMZASELL
U/W
HOLD
O/W
BUY
Expense Analysis
| Peer Group | Active US Equity ETFs |
| # of ETFs | 308 |
| Avg. Expense Ratio | 67.1 bp |
| Std. Deviation | 37 bp |
| AMZA (164 bp) Percentile rank | 99 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| AMZA | 164.0 | 40.8 | 204.8 |
| Peer Avg. | 66.2 | 47.6 | 113.8 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .